General News

May 11, 2018 @ 12:10 pm By Samantha Hurst  |  

Earlier this week, Cross River announced it set a new monthly loan origination record of more than $600 million in April. The company reported that this loan origination achievement puts its growth into “impressive context” due to the fact that the April 2018 volume represents approximately 60%… Read More

May 11, 2018 @ 10:15 am By Samantha Hurst  |  

On Friday, Fintech Scotland announced its inaugural chairman and its new strategic partners. According to the organization, these appointments were confirmed at the joint Scottish Government and industry Financial Services Advisory Board (FiSAB) meeting chaired by the First Minister, Nicola Sturgeon and Chair of Scottish Financial… Read More

May 10, 2018 @ 12:30 pm By Erin Hobey  |  

Just last week, Streamr, the blockchain-backed data platform, partnered with Singapore-based Fysical to “reshape” human location data market. Today Streamr announced an ongoing partnership with Hewlett Packard Enterprise, one of the world’s leading technology solutions and innovation companies. The partnership has been formed to integrate the technology… Read More

May 10, 2018 @ 11:53 am By Erin Hobey  |  

Last December Bloomberg added Cryptocurrencies to its globally ubiquitous Terminals. Now, Bloomberg and Galaxy Digital Capital Management LP, a digital asset management firm founded by Michael Novogratz, have launched the Bloomberg Galaxy Crypto Index (BGCI). The index is designed to track the performance of the… Read More

May 10, 2018 @ 9:25 am By Samantha Hurst  |  

On Thursday, international venture capital firm Entrée Capital announced the closing of its second Israeli focused early stage fund with aggregate capital commitments of $80 million. Entrée stated this fund follows the success of its previous Israeli fund that invested in early-stage Israeli startups such… Read More

May 10, 2018 @ 5:11 am By Erin Hobey  |  

Revolut, the digital banking alternative, announced that over 150,000 customers have started saving via Vaults since its launch in April. The feature enables users to round up and save the spare change from every card purchase and has already lead to Revolut customers saving over… Read More

May 9, 2018 @ 11:09 am By Samantha Hurst  |  

BMO Harris Bank announced on Wednesday it has teamed up with 1871 for the second annual Innovation Program. According to the bank, the startups accepted into the program will receive mentoring from the BMO Harris team, as well as access to the 1871 space and… Read More

May 8, 2018 @ 12:30 pm By Erin Hobey  |  

Bitfinex, a digital asset trading platform, has added Peter Warrack, former Director of AML (Fintech Advisory) and Compliance Officer at the Bank of Montreal, to its team as Chief Compliance Officer (CCO). With a reported daily trading volume of more than $1.2 billion USD, Bitfinex is a… Read More

May 8, 2018 @ 12:13 pm By Erin Hobey  |  

P2P lender RateSetter has partnered with aggregators Finsure and LoanKit. Under the partnership, more than 1,400 brokers accredited with Finsure and LoanKit will be able to offer their clients RateSetter’s personal loan and green loan products, reported Australian Broker. The partnerships aims to help accredited brokers improve… Read More

May 8, 2018 @ 11:47 am By Erin Hobey  |  

OpenPort, a multinational digital logistics platform that uses blockchain technology to transform domestic distribution in emerging markets, has partnered with Acudeen Technologies, the P2P platform enabling SMEs to access financing. “High capital requirements, cash flow problems, and a lack of visibility are just some of… Read More

May 8, 2018 @ 11:21 am By Erin Hobey  |  

In under 100 hours, Proxeus created a dApp to issue certificates for the “Bitcoin, Blockchain und Kryptoassets” course run by the University of Basel’s Center of Innovative Finance (CIF) and registering them on Ethereum, making CIF the first institution in Switzerland to use blockchain to… Read More

May 7, 2018 @ 3:01 pm By Samantha Hurst  |  

Speedcast International Limited (ASX: SDA), Australia-based remote communication and IT services provider, announced on Monday it has teamed up with Plug and Play, a global innovation platform and startup accelerator, to focus on the advancement of technology within the communication and IT services sector. Speedcast stated its… Read More

May 7, 2018 @ 1:50 pm By Samantha Hurst  |  

Kyyba Innovations along with the event host IoT Tech Connect, announced on Monday that AvidCor was named the winner of the IoT Tech Connect Pitch Club Competition. According to IoT Connect and Kyyba Innovations, AvidCor is a health technology company based in Michigan that provides an affordable cardiac monitoring device… Read More

May 7, 2018 @ 9:12 am By Samantha Hurst  |  

Global blockchain fintech firm QUOINE announced this weekend it has launched its Initial Coin Offering (ICO) platform, which the company describes as an all-in-one ICO execution service that provides a safe haven for both token participants and token issuers. QUOINE reported that its ICO Mission Control will initially… Read More

May 3, 2018 @ 9:59 pm By JD Alois  |  

The Crypto Invest Summit (CIS) in Los Angeles this week, rebranded from previous “Crowd” events, was a standing room only conference this year. Organizers sold out of tickets in the last weeks as demand was high for the cryptocurrency / blockchain focused gathering. More than… Read More

May 3, 2018 @ 2:00 pm By Samantha Hurst  |  

Last week, Jack Dorsey’s Square announced it has entered into a definitive agreement to acquire Weebly. The company reported it will pay a mix of cash and stock of approximately $365 million, which will include Square restricted stock units for Weebly’s founders and employees that… Read More

May 3, 2018 @ 11:41 am By Erin Hobey  |  

Online P2P lender Lending Loop has partnered with the Ontario government to launch a pilot project that will provide $3M in loans over the next two years, according to the Globe and Mail. The article indicated that the Ontario government will boost Toronto-based Lending Loop’s… Read More

May 3, 2018 @ 10:56 am By Erin Hobey  |  

Think along the lines of TheRealReal. Jetzt auf Deutsch! Now shift overseas and to a new — and the 100th — equity crowdfunding campaign launched by Companisto. German-speaking Prelovee’s secondhand market consists of more than 100 online and over 1000 offline stores filled with unique… Read More

May 3, 2018 @ 8:44 am By Erin Hobey  |  

CoinDesk, Inc., a leading crypto and blockchain community digital media, events and information services company, has launched CoinDesk Career Center, a job board tailored to the rapidly growing ecosystem. The job board will allow employers and candidates to interact to snag the most promising talent for… Read More

May 2, 2018 @ 2:58 pm By Samantha Hurst  |  

On Wednesday, Bremer Bank announced it has formed a partnership with global innovation platform Plug and Play to allow the bank to collaborate with entrepreneurs from around the globe. Bremer reported that its participation in Plug and Play’s fintech and foodtech accelerator programs support its commitment to… Read More